News
Home prices rise sharply
gulfnews.com
[gulfnews.com] - Moody's Analytics housing economist Celia Chen said that strong demand for distressed properties in some markets, particularly in Phoenix and parts of Florida, has helped firm up prices. “I do expect that there is going to be some give-back of these
US Mortgage Rates Fall With 30-Year at a Record-Low 3.49%
www.bloomberg.com
[Bloomberg] - Sluggish employment growth and tight lending standards are limiting a recovery in the housing market even as mortgage rates continue to fall, according to Celia Chen, an economist at Moody's Analytics Inc. in West Chester, Pennsylvania. Contracts to
US new home sales slide after May spike
www.channelnewsasia.com
[Channel News Asia] - Census revised upward the May figure significantly to , the strongest pace since April 2010," said Celia Chen at Moody's Analytics. The analyst noted that the Census Bureau has been revising upward its initially estimates frequently. The data
Google News: US Home Construction Makes Slow, Steady Comeback
[Construction Equipment Guide] - “We've been hoping for this for a long time,” said Celia Chen, a housing economist at Moody's Analytics. “It looks like things are turning.' The improvement has been gradual. But builders are responding to interest from buyers drawn by reduced prices
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